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F E A T U R E D
Mainly what it isn't
What is technical analysis?
When I first started off learning TA, I thought it was ‘technical’. There is nothing technical about it. Technical tends to mean something very complex. It’s not that. TA is a strange two words. Actually, there is little in the way of analysis with pen and paper. Basically you use your eyes. That’s it. You won’t find any charts or descriptions of indicators in this post. Novices – and I was one – tend toRead More
What is money?
I’ve explored money before. Some say, “Everybody knows what money is.. so why ask stupid questions about it?” For simpletons, money is coin or cash in hand, or credit in the bank – end off. If that’s you, then kindly depart now. This is not a tutorial on money or how to make money. If you want that sort of knowledge, move on – even more swiftly! NOW! In a survey done in 2014 onlyRead More
Bonds – what they are and their importance
There is much confusion out there about what bonds are. I’ve seen so-called experts get it wrong, and then mislead people. The recent importance of the ‘bond market’ has come about as there is talk about an ‘inverted yield curve’. Not much will be said about that. In this post I focus on the basics. The concepts here may require careful time studying what’s going on. This post has been revised on 2019-12-01 due toRead More
Conversation with a failed trader
Today I met a chap who is a failed trader. This was a rare opportunity. I had known him for about 3 months just from the odd conversation here and there. I knew that he had an interest in ‘stock markets’ and had some knowledge about CFDs. But it was strange how we ended up talking about his deeper interests in a kitchen! The important part of this conversation was that he regularly bought shares.Read More
Enquiry from a new trader
A new trader (who will remain anonymous) has contacted us to ask for some help. I’ll deal with each point, as it is of value to other new traders but largely for my own reflection. This is what we do, and we do this stuff for free and no obligation – ever! Note that I (or we) am/are as brutal as the markets will be. I (or we) am/are not here to encourage or facilitateRead More
Time – friend or foe?
Several times over the last year, I’ve had conversations with others about finding new or different ways of making money. Invariably the limitation of time availability comes up i.e. time to learn new skills, gain new knowledge etc. Some of those people were interested in learning about investing or trading (which are different concepts) – but just can’t find the time. Some thought they needed to go on a course or some special training –Read More
The loser’s game
The news has been out from August 2018 that the European Securities and Management Agency (ESMA) has compelled all brokers (subject to its jurisdiction) to reveal their statistics on the percentages of losing trader accounts. See informative article headed, “ESMA Regulations Reveal: Where CFDs Traders Lose the Most“. The reported percentage of losing accounts ranged between 63.7% and 86%, with an average of 76.3%. Previous estimates of 90% of losing accounts weren’t that far off the mark.Read More
Bitcoin: Investor, trader, gambler or idiot?
In the last few months we’ve received inquiries from several about Bitcoin and various similar things, often referred to as cryptocurrencies. In essence many of these folk are the ones who missed out on making millions by not buying a few Bitcoin when it was dirt cheap. Now, they don’t want to make the same mistake so are looking around for a second chance. You can’t blame them of course – if the missed opportunityRead More
Is Parabolic Mayhem ahead?
On Tradingview I’ve put up a Vlog about this which is embedded below. I say what I see. I’m focusing on the form of movements of the US30 compared with the correction on the parabolic Bitcoin. The evidence is there, which I think everybody can see. Just to be clear nothing in this post is a prediction or recommendation. See our SYP disclaimer. The following vlog is downloadable or viewable in larger format on Tradingview.Read More
Courses, horses – or the mind?
If you’re reading this looking just for the best course to attend, you may be disappointed. I go deeper than the simple issue of ‘which courses‘ or ‘what course is best’. Introduction I’m sharing a summary of my experiences over the last 4 years, so that others can see something more about ‘courses’ – and what courses can never give you. I am nobody known or big in the trading world. I do not offerRead More